What vision did southerners promote for the economy after the Civil War, as exemplified by Henry Grady?

The vision that southerners promoted for the economy after the Civil War, as exemplified by Henry Grady, centered on the idea of a self-sufficient economy based on modern capitalism. Grady was a strong advocate for the "New South," which envisioned a transformation from the traditional agrarian economy dominated by cotton and slavery to a more diversified economy that included industry, manufacturing, and improved infrastructure.

Grady believed that the South should embrace modernization and industrialization to compete with the North, rather than simply reverting to its pre-war agricultural state. His vision included attracting Northern investment and promoting economic growth through a capitalist framework, which involved the establishment of factories, railroads, and other industries that would help revitalize the Southern economy. This approach was essential for the South to recover and thrive in the post-war United States, moving beyond the remnants of the old agrarian economy.

The emphasis on a self-sufficient economy based on modern capitalism marked a significant departure from previous economic models and showcased a forward-looking perspective aimed at integrating the South more fully into the national economy.